Funded

Total loan: $1,000
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Sycha

Cambodia
Phnom Penh, Cambodia / Mobile Phones

A loan of $1,000 helped to launch a cell phone and walkie talkie sales and repair business.


Sycha's story

Sychan (pictured above) is 24 years old and her husband, Nit, is 29 years old. They have been married since 2008 and they have just one young daughter. The family lives in a suburb of Phnom Penh.

Sychan sells sugar cane juice at home in her village. Her husband is a cell phone and walkie talkie repair man. He is hired and gets paid with fees. However, he wants to launch his own business selling and repairing cell phones and walkie talkies.

Hence, Sychan has decided to ask for a loan of $1,000 to help provide her husband with capital. Sychan’s husband will use the loan to build a shop and buy cell phones, walkie talkies, and materials needed in his business.



Loan details

Loan length:

22 months
Disbursed date: May 23, 2012
Facilitated by Field Partner: MAXIMA Microfinance Plc

Lenders and lending teams



Loan details

Loan length:

22 months
Disbursed date: May 23, 2012
Facilitated by Field Partner: MAXIMA Microfinance Plc